O2 TV’s customer base in the Czech Republic grew by a third, or close to 100,000, in the year to September 30.
The latest results published by the company show that as of the end of Q3 it had a total of 406,000 IPTV and OTT subscribers, including households receiving the complementary Multiservice, which allows TV viewing on multiple sets at the same time.
During the first nine months of 2019 the number of O2 TV customers increased by 70,000.
Meanwhile, the number of broadband customers over cable and wireless technology reached 830,000, or 21,000 more than nine months earlier.
O2, which also operates in neighbouring Slovakia, had operating revenues of CZK28,615 million (€1,121 million) in the first nine months of the year, up 1.4% on the same period in 2018. EBITDA amounted to CZK9,318 million (+11.7%) and net profit stood at CZK4,023 million (-4.6%).
In his comments on the results, Jindrich Fremuth, CEO and chairman of the board of directors of O2 Czech, said: “Our results show, that the decision to offer customers home broadband internet, O2 TV and mobile tariffs in O2 Spolu packages was right. Currently, 70% of our customers activate new mobile tariff in a package, and a third of them choose a tariff with unlimited data.
“In the already rich sports content offering, we have newly included the English Premier League, confirming O2 TV’s position as a TV platform offering the best sports and movie content in one place. With a 100 thousand year-on-year customers’ increase and a dynamic increase in web and app watching, O2 TV belongs to one of our fastest growing services.”
